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O-2010-3292 banking service agreement with Amegy Bank for (5) year term beginning November 1, 2010
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O-2010-3292 banking service agreement with Amegy Bank for (5) year term beginning November 1, 2010
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11/2/2016 3:39:30 PM
Creation date
11/10/2010 3:09:01 PM
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Legislative Records
Legislative Type
Ordinance
Date
10/25/2010
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<br />Amegy Bank's electronic banking system, AmegyConnect, allows users to access the <br />City's Energy's financial data, banking information, payment solutions, and specialized <br />reports. AmegyConnect is a secure, 24/7 accessible web based application that is built to <br />fit the City's needs. <br /> <br />AmegyConnect has a Client Self Administration module. Administrators have the ability to <br />add new users, assign users access and security privileges, change user permissions or <br />remove users without having to send anything to the bank. Summary level Same Day and <br />Previous Day information is available by 8:00 am CST to view. The ability to view <br />detailinformation about items is available. Additional details on transactions such as ACH <br />and Wire Transfers can also be viewed. Previous Day information is available to view for <br />180 days, while Same Day detail is retained for 90 days. Users can view loan information <br />such as rate, amount, and maturity date. <br /> <br />CITY OF LA PORTE TEXAS <br />QUOTATION FORM <br />TO BE COMPLETED BY THE FINANCIAL INSTITUTION <br /> <br />ITEM (J) CREDIT CARD MERCHANT SERVICE PROVIDER <br /> <br />Please state your current ability and future plans as it relates to services you would be able <br />to provide the City in the area of Credit Card Merchant Services Provider. <br /> <br />Amegy Bank is able to offer customers both credit and debit card processing through our <br />third-party vendor, Transfirst. In 2009 $29 billion was processed. On average $115 million <br />per business day is processed. Amegy offers a secure payment gateway for payments <br />made by phone, online, or in person through our Anytime Payments service. We provide <br />easy, online access to a comprehensive selection of reports 24 hours a day, seven days <br />a week through TransLinkā¢. TransLink reports include transaction and batch history, <br />merchant monthly statements, chargeback and adjustment history, ACH history, <br />authorizations, specific card number activity, and are available 24 hours a day. In <br />addition, a demo is available on TransFirst's website at www.transfirst.com or click on the <br />following link: <br />htt ps://www.transfirst.com/T ransLi n k Demo/MerchantDemo/1 ndex. html. <br />· TransLink benefits: <br />· 24/7 instant access <br />· Monitor payment activity <br />· Track sales trends <br />· Pull previous statements, authorization records and much more <br />· Eliminate endless searches through stacks of receipts and boxes of files <br />· Multi-user access <br />TransLink reports provide you: <br />· Transaction History by: <br />o Date <br />o Cardholder Number <br />o Transaction Number <br />\ 0 Transaction Amount <br /> <br />27 <br />
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